Wyeth Pharmaceuticals Spurring Scientific Creativity with Metrics Gary P Pisano Mark Rennella Robert S Huckman 2007
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1. Wyeth Pharmaceuticals’ “Fostering Creativity and Innovation” Initiative: Metrics for Measuring Success Wyeth Pharmaceuticals is a large pharmaceutical company that is well known for its innovative approach to product development. The company’s success is driven by a number of creative activities including R&D, scientific collaboration, and innovation. In order to measure and evaluate the success of these activities, Wyeth Pharmaceuticals created a “Fostering Cre
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Title: Wyeth Pharmaceuticals Spurring Scientific Creativity with Metrics Paper: Wyeth Pharmaceuticals Spurring Scientific Creativity with Metrics Wyeth Pharmaceuticals, with headquartered in New York City, produces and markets a broad range of healthcare products across thirteen major lines of business. Its market positioning is based on scientific innovation, scientific leadership, and a commitment to quality, which is demonstrated by the consistent excellence of
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Wyeth Pharmaceuticals has shown remarkable creativity in advancing scientific discoveries and developing new products through metrics: a) A robust intellectual property program led to several new proprietary compounds and b) The organization’s focus on developing collaborative relationships helped it develop a successful alliance with Biogen Idec, which resulted in its successful Phase III EPO® 100/587 study and a market entry into Europe for Aranesp. Moreover, Wyeth’s emphasis on customer-centric products and services and strong leadership team led
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One of the things that I appreciate most about working with a client is being able to help them articulate their ideas in a way that makes them understandable and convincing. Sometimes it takes a lot of explaining and re-explaining, but it’s essential in getting a good response. check For Wyeth Pharmaceuticals, a top-20 pharmaceutical company (that is, one of the top five to ten pharmaceutical companies in the world) that was experiencing a loss of innovation and a decrease in science-based
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Wyeth Pharmaceuticals Spurring Scientific Creativity with Metrics Gary P Pisano Mark Rennella Robert S Huckman Wyeth Pharmaceuticals (the company) is in a strong position with a focus on R&D excellence. Its science division consistently produces breakthroughs in the discovery of new drugs in areas such as HIV and respiratory diseases. The science division has 25 Nobel Prize winners among its 400 scientists and has
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Wyeth Pharmaceuticals, a well-known pharmaceutical company headquartered in New York City, has had a fascinating history, which I can tell you all about if you want me to. One of the more recent successes was the release of Avandia, the first-ever medication to achieve U.S. FDA approval for treatment of elevated cholesterol. Wyeth had a tremendous advantage at the time, as no competitors in the same class (diabetes) had ever
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Title: Worth The Investment? Why Pharma’s R&D Payouts are Higher Than Others – Market Watch Subtitle: The Case for Wyeth’s R&D Success Wyeth Pharmaceuticals is one of the leading pharmaceutical companies. Wyeth’s innovation and product diversification in the last decade have resulted in impressive earnings and strong sales growth. According to Wyeth’s 2006 earnings report, the company websites
 
								